Sterling Infrastructure, Inc.

STRL • NASDAQ

Sterling Infrastructure, Inc. is a engineering & construction company in the industrials sector on NASDAQ, led by Joseph A. Cutillo, with a market cap of $10.5B. As of Q3 2025, 100% of shares are held by 578 institutional investors, with BlackRock, Inc. as the largest holder at 15.2%.

Chief Executive OfficerJoseph A. Cutillo

Market Cap$10.5B

Engineering & Construction

Industrials

Employees3.0K

Websitestrlco.com

Country

United States of America

Overview

Overview of institutional ownership in STRL as of Q3 2025 with a market cap of $10.3B

All Institutions

Institutions: 578
Value Held: $10.3B
Shares Held: 30.3M
Avg Position: $17.8M
Median Position: $991.3K

Hedge Funds

Hedge Funds: 39
Value Held: $638.7M
Shares Held: 1.9M
Avg Position: $16.4M
Median Position: $2.8M

Ownership Breakdown

Institutional (non-HF)

93.45%

$9.7B

Hedge Funds

6.18%

$638.7M

Retail & Other

0.367%

$37.9M

Based on market cap of $10.3B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in STRL as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$1.6B 0.03% of portfolio	15.20% 4.6M shares	Q4 2016 Held for 8y 11m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$1.1B 0.02% of portfolio	10.72% 3.3M shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
FMR LLC Institution	-	$596.2M 0.03% of portfolio	5.77% 1.8M shares	Q3 2021 Held for 4y 2m	$1.92T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$377.7M 0.01% of portfolio	3.65% 1.1M shares	≤ Q2 2013 Held for 12y 5m+	$2.88T
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	Raife Brandon Giovinazzo Managing Partner	$375.2M 1.28% of portfolio	3.63% 1.1M shares	Q4 2023 Held for 1y 11m	$29.4B
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$324.5M 0.05% of portfolio	3.14% 955.4K shares	Q1 2016 Held for 9y 8m	$633.08B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$310.2M 0.41% of portfolio	3.00% 913.4K shares	≤ Q2 2013 Held for 12y 5m+	$75.8B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$301.7M 0.02% of portfolio	2.92% 888.1K shares	≤ Q2 2013 Held for 12y 5m+	$1.57T
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$268.2M 0.02% of portfolio	2.60% 789.5K shares	≤ Q2 2013 Held for 12y 5m+	$1.65T
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	Robert W Sharps President	$238.2M 0.03% of portfolio	2.31% 701.3K shares	≤ Q2 2013 Held for 12y 5m+	$912.31B

Net Capital Flow

Institutional buying and selling activity for STRL in Q3 2025

Traded: +$44.4M
Buyers: 301
Sellers: 261
Total Bought: +$1.1B
Total Sold: −$1.0B
Avg Position: $16.6M

Biggest Buyers

Institution	Net Bought	Current Position
PRICE T ROWE ASSOCIATES INC /MD/ Long Only Manager	+$129.7M +381.9K shares	$238.2M 701.3K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$101.8M +299.7K shares	$222.2M 654.1K shares
MORGAN STANLEY RIA/Wealth	+$101.7M +299.3K shares	$268.2M 789.5K shares
FIRST TRUST ADVISORS LP ETF Provider	+$93.7M +275.8K shares	$205.9M 606.2K shares
Invesco Ltd. ETF Provider	+$74.6M +219.5K shares	$324.5M 955.4K shares
Capital Research Global Investors RIA/Wealth	+$63.2M +186.1K shares	$123.9M 364.8K shares
UBS Group AG Institution	+$51.3M +151.1K shares	$164.4M 483.9K shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	+$50.6M +148.8K shares	$301.7M 888.1K shares
A Advisor Group Holdings, Inc. Institution	+$33.6M +101.3K shares	$42.7M 128.7K shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$27.9M +82.2K shares	$144.1M 424.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
FULLER & THALER ASSET MANAGEMENT, INC. Long Only Manager	−$115.5M −339.9K shares	$375.2M 1.1M shares
VANGUARD GROUP INC Institution	−$60.2M −177.2K shares	$1.1B 3.3M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	−$57.8M −170.0K shares	$310.2M 913.4K shares
Robeco Investment Management, Inc. Long Only Manager	−$44.6M −132.7K shares	$33.4M 99.2K shares
LOOMIS SAYLES & CO L P Long Only Manager	−$43.6M −128.4K shares	$76.6M 225.5K shares
GANNETT WELSH & KOTLER Long Only Manager	−$42.8M −126.0K shares	$91.1M 268.2K shares
FRONTIER CAPITAL MANAGEMENT CO LLC Long Only Manager	−$36.4M −107.2K shares	$16.5M 48.5K shares
Clark Capital Management Group, Inc. RIA/Wealth	−$36.0M −106.0K shares	$111.7M 328.9K shares
TWO SIGMA ADVISERS, LLC Hedge Fund•Multi-Strategy	−$35.1M −103.2K shares	$4.1M 12.2K shares
Rockefeller Capital Management L.P. Long Only Manager	−$33.7M −99.2K shares	$20.0M 58.9K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited STRL in Q3 2025

New Positions: 86
New Value: $118.3M
Exited Positions: 41
Exited Value: $43.2M

New Positions

Institution	Position Value
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC Long Only Manager	$26.5M 78.1K shares
LOGAN CAPITAL MANAGEMENT INC Long Only Manager	$12.9M 38.1K shares
Richard C. Young & CO., LTD. RIA/Wealth	$10.6M 31.3K shares
Bridgewater Associates, LP Hedge Fund•Global Macro	$10.2M 30.0K shares
TimesSquare Capital Management, LLC Long Only Manager	$8.0M 23.6K shares
D Divisadero Street Capital Management, LP Hedge Fund•Long/Short	$6.8M 20.0K shares
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$4.0M 11.8K shares
V VIRGINIA RETIREMENT SYSTEMS ET AL Institution	$3.5M 10.4K shares
U Union Bancaire Privee, UBP SA Institution	$3.5M 12.7K shares
SummitTX Capital, L.P. Hedge Fund•Multi-Strategy	$3.4M 9.9K shares

Exited Positions

Institution	Previous Position
OBERWEIS ASSET MANAGEMENT INC/ Long Only Manager	$6.3M 27.3K shares
ARROWSTREET CAPITAL LIMITED PARTNERSHIP Hedge Fund•Quant	$5.9M 25.7K shares
EAM Global Investors LLC Long Only Manager	$5.1M 22.1K shares
A AXA Institution	$4.5M 19.4K shares
T TEXAS PERMANENT SCHOOL FUND Institution	$4.0M 17.3K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$3.1M 13.4K shares
BKD Wealth Advisors, LLC RIA/Wealth	$2.8M 12.3K shares
S SIR Capital Management, L.P. Hedge Fund•Long/Short	$2.8M 12.3K shares
E Entropy Technologies, LP Hedge Fund•Quant Macro	$1.5M 6.3K shares
IEQ CAPITAL, LLC RIA/Wealth	$1.3M 5.6K shares

Options Activity

Institutions with the largest Call and Put options positions in STRL as of Q3 2025

Call Positions: 11
Call Value: $94.2M
Put Positions: 8
Put Value: $73.3M

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$29.6M 871.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$27.1M 799.0 contracts
W WOLVERINE TRADING, LLC Institution	$12.9M 377.0 contracts
J JANE STREET GROUP, LLC Institution	$8.9M 261.0 contracts
C Cubist Systematic Strategies, LLC Institution	$6.4M 189.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$4.5M 133.0 contracts
D D. E. Shaw & Co., Inc. Institution	$2.6M 76.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$1.6M 48.0 contracts
P Palogic Value Management, L.P. RIA/Wealth	$339.7K 10.0 contracts
B Belvedere Trading LLC Institution	$237.8K 7.0 contracts

Put Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$34.3M 1.0K contracts
C Cubist Systematic Strategies, LLC Institution	$11.4M 337.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$9.7M 285.0 contracts
T Twin Tree Management, LP Hedge Fund•Vol Arbitrage	$6.9M 202.0 contracts
J JANE STREET GROUP, LLC Institution	$5.3M 155.0 contracts
W WOLVERINE TRADING, LLC Institution	$4.2M 123.0 contracts
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	$1.5M 45.0 contracts
BANK OF AMERICA CORP /DE/ Institution	- - contracts

Most Committed Institutions

Institutions with STRL as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Palisades Investment Partners, LLC RIA/Wealth	Quinn R. Stills Managing Partner	12.78% $32.5M	0.31% 95.8K shares	Q2 2024 Held for 1y 5m	$254.6M
Guardian Wealth Management, Inc. RIA/Wealth	Thibault Basquin Member	6.82% $11.5M	0.11% 34.0K shares	Q4 2022 Held for 2y 11m	$169.3M
F FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund•Long/Short	George Hiland Baxter Managing Partner	5.76% $14.3M	0.14% 42.0K shares	Q2 2023 Held for 2y 5m	$247.7M
C CROWN ADVISORS MANAGEMENT, INC. Hedge Fund•Long/Short	Robert Scott Fearon President	4.09% $6.1M	0.06% 18.0K shares	Q1 2025 Held for 8 months	$149.5M
Aperture Investors, LLC Hedge Fund•Multi-Strategy	Peter Steven Kraus CEO	3.78% $27.2M	0.26% 80.2K shares	Q2 2025 Held for 5 months	$719.9M
L Leibman Financial Services, Inc. Institution	-	3.30% $4.3M	0.04% 12.8K shares	Q2 2025 Held for 5 months	$131.7M
Bridge City Capital, LLC Long Only Manager	David Wright Kiser President	3.07% $11.5M	0.11% 33.9K shares	Q1 2023 Held for 2y 8m	$374.5M
D De Lisle Partners LLP Institution	-	2.91% $23.8M	0.23% 70.0K shares	Q1 2024 Held for 1y 8m	$815.6M
AH Lisanti Capital Growth, LLC Long Only Manager	Mary Lisanti President	2.69% $11.0M	0.11% 32.5K shares	Q3 2023 Held for 2y 2m	$410.1M
Legacy Bridge, LLC Family Office	Michael Thomas Zuendel CEO	2.58% $6.2M	0.06% 18.3K shares	Q4 2023 Held for 1y 11m	$240.3M